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Author Topic: Did I just lost 200 usd in bitcoin ? Please help  (Read 220 times)
unfogiven19 (OP)
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April 23, 2021, 11:03:00 PM
Merited by LoyceV (2)
 #1

Hello,

Maybe due to low fees my transaction is stucked. I don't know how I screw things up like this

Please take a look, am I stucked forever ? 7 days and the transaction is still unconfirmed 😥😥😥

https://www.blockchain.com/btc/tx/572f85f3b602da7459b43058d12978173902f403396da7d0901ab5d06043ae6d

Please help what can I do ? What happened?

Thank you
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April 23, 2021, 11:21:08 PM
Merited by vapourminer (1)
 #2

You haven't lost your Bitcoins. Right now the bitcoin fee rate is very high for quicker confirmations (over 90 sats/vbyte), and you did send out your transaction at only 27 sats/vbyte. Your transaction is low priority, so miners won't pick it up to be included in the next Bitcoin block to be confirmed and will probably be dropped out of the mempool after approximately 2 weeks from the date the transaction was created if the bitcoin transaction fee rate remains high. You will be able to see your unspent Bitcoins in your wallet at that time and be able to resend at a higher fee rate.

What type of wallet were you sending the coins from?

 
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BitMaxz
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April 23, 2021, 11:59:15 PM
 #3

What wallet do you use?

The transaction is not RBF enabled to increase the fee so the only option to increase the transaction fee is to make a double-spend transaction.

You can able to make a double-spend transaction here https://coinb.in/#newTransaction

But if you are using an exchange or web wallet you can't able to sign the raw transaction generated from coinb.in so let us know if what wallet you made this transaction so that we can guide you to rebuild the transaction.

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hosseinimr93
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April 24, 2021, 12:01:28 AM
Merited by hugeblack (2), vapourminer (1), philipma1957 (1), nc50lc (1)
 #4

No need to do anything.
I just accelerated your transaction using ViaBTC free accelerator. It will likely be confirmed in a few hours.


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unfogiven19 (OP)
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April 24, 2021, 12:03:20 AM
 #5

Hello thank you for support.

I send it from blockchain. Com to binance

You mean after two weeks it will comeback to my wallet and i can send it again ?


You haven't lost your Bitcoins. Right now the bitcoin fee rate is very high for quicker confirmations (over 90 sats/vbyte), and you did send out your transaction at only 27 sats/vbyte. Your transaction is low priority, so miners won't pick it up to be included in the next Bitcoin block to be confirmed and will probably be dropped out of the mempool after approximately 2 weeks from the date the transaction was created if the bitcoin transaction fee rate remains high. You will be able to see your unspent Bitcoins in your wallet at that time and be able to resend at a higher fee rate.

What type of wallet were you sending the coins from?
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April 24, 2021, 12:17:30 AM
 #6

Hello thank you for support.

I send it from blockchain. Com to binance

You mean after two weeks it will comeback to my wallet and i can send it again ?


You haven't lost your Bitcoins. Right now the bitcoin fee rate is very high for quicker confirmations (over 90 sats/vbyte), and you did send out your transaction at only 27 sats/vbyte. Your transaction is low priority, so miners won't pick it up to be included in the next Bitcoin block to be confirmed and will probably be dropped out of the mempool after approximately 2 weeks from the date the transaction was created if the bitcoin transaction fee rate remains high. You will be able to see your unspent Bitcoins in your wallet at that time and be able to resend at a higher fee rate.

What type of wallet were you sending the coins from?

There is no definite time for your transaction to confirmed since it solely depends on the load of the mempool. One thing is sure, It's either it will confirmed or refund once duration is too long. There's no way that your transaction will be lost in the blockchain so just chill out dude. You will only loss it once you send on the wrong wallet address.  Smiley

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April 24, 2021, 01:12:40 AM
 #7

Hello thank you for support.

I send it from blockchain. Com to binance

You mean after two weeks it will comeback to my wallet and i can send it again ?
Yes, so long as it hasn't been confirmed by then. The unconfirmed transaction will be dropped by the nodes and you will be able to spend your Bitcoins again.



The transaction is not RBF enabled to increase the fee so the only option to increase the transaction fee is to make a double-spend transaction.
This is sort of new to me. Is it possible to double spend a transaction that is not RBF enabled using the coinb.in tool?

 
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unfogiven19 (OP)
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April 24, 2021, 01:56:47 AM
 #8

Finally It has been confirmed .. thank you so much for your support

Hello thank you for support.

I send it from blockchain. Com to binance

You mean after two weeks it will comeback to my wallet and i can send it again ?
Yes, so long as it hasn't been confirmed by then. The unconfirmed transaction will be dropped by the nodes and you will be able to spend your Bitcoins again.



The transaction is not RBF enabled to increase the fee so the only option to increase the transaction fee is to make a double-spend transaction.
This is sort of new to me. Is it possible to double spend a transaction that is not RBF enabled using the coinb.in tool?
hugeblack
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April 24, 2021, 11:15:23 AM
 #9

Hello thank you for support.

I send it from blockchain. Com to binance

You mean after two weeks it will comeback to my wallet and i can send it again ?

Next time avoid using Blockchain.com it is poorly programmed and does not give you many option (if you send money at low fees, No RBF, No coin control) then you need to wait.
If you use electrum wallet, you don't need to wait that long. use RBF bottom.

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April 24, 2021, 04:57:55 PM
 #10

Even though Blockchain.com isn't an adviseable Bitcoin wallet you can still use it and I think having small transactions might be fine as long as you will able to pay the fees that required to the mempool.  Last week we had a terrible fee on Bitcoin netowrk and I think that was about $20+ for the high priority and if you're in a hurry and willing to pay that amount, there's nothing to wait for more than 24 hours, probably within an hour your transaction will be confirmed.

If you use electrum wallet, you don't need to wait that long. use RBF bottom.
I tend to agree, but why OP use that RBF if OP knows from the start paying low fees will take some time to wait, instead, paying high priority if Op can't wait in the first place. But that is right, the most recommended Bitcoin wallet to SAVE fees is Electrum, not a web wallet.

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